Zoo Miami Foundation Inc

Analysis

Zoo Miami Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in March 1958, 68 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Zoo Miami Foundation Inc reported income of $8.1m and spending of $7.2m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.4m to $8.1m (+27%), an average of +6.1% a year. The sharpest change came in the year to September 2020, when income rose by 32%. Over the whole period it spent 73% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Zoo Miami Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Valley Zoological Society Chartered May 1968 ($8.1m), Animal Refuge League of Greater Portland ($8.1m) and Resolve Inc ($8.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 77% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $378k (5.3% of expenses). Other salaries and wages came to $1.9m. It paid $79k in professional fundraising fees. At year end it held assets of $30.9m against liabilities of $434k, net assets of $30.4m. It reported 72 employees.